971 34th St, Richmond, California 94805, Richmond, 94805 - 4 bed, 2 bath

971 34th St, Richmond, California 94805 home-pic-0
ACTIVE$699,500
971 34th St, Richmond, California 94805
4Beds
2Baths
1,702Sqft
4,400Lot

Price Vs. Estimate

The estimated value ($699,500) is $0 (0%) lower than the list price ($699,500). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The property includes an updated 1-bedroom ADU unit, providing excellent potential for rental income or flexible multi-generational living arrangements.
Top Cons:
Age of Property: Built in 1931, despite significant recent upgrades, the underlying structure and systems of an older home may require ongoing maintenance or future investments not covered by the current renovations.

Compared to the nearby listings

Price:$699.5K vs avg $705.0K ($-5,500)47%
Size:1,702 sqft vs avg 1,177 sqft80%
Price/sqft:$411 vs avg $56820%

More Insights

Built in 1931 (94 years old).
Condition: Despite being built in 1931, the property has undergone an extensive and recent renovation with over $200,000 invested. The kitchen features modern white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances (gas stove, microwave, dishwasher). The bathroom is also updated with modern fixtures and finishes. Hardwood floors are present throughout the main living areas and bedrooms, appearing in excellent condition. Light fixtures are modern, and the overall aesthetic is fresh and contemporary. The updated ADU further enhances the property's value and condition. While specific details on major systems like HVAC or electrical aren't provided, the significant investment and visible quality of the renovations indicate that the property is virtually new in its critical living components and meets current quality standards.
Year Built
1931
Close
-
List price
$700K
Original List price
$780K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
41101666
Home ConditionExcellent
Features
View-

About this home

Vintage meets Modern - Seller invested over $200,000 upgrading this Gem! Wonderful Vintage Home with ADU in back. Features living room with front facing picture window, cozy fireplace, Hardwood floors in both living & dining rooms. Modern bright kitchen with quartz counters, gas stove, microwave, dishwasher. Updated bathroom. 1/2 flight up to 2 bedrooms also with hardwood floors, both rear facing... Around back is an updated 1 bedroom ADU unit. Square footage is 1254 main house and 448 ADU Home is located in the North East section of Richmond with Convenient Access to the Freeways and San Pablo Shops.

Condition Rating
Excellent

Despite being built in 1931, the property has undergone an extensive and recent renovation with over $200,000 invested. The kitchen features modern white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances (gas stove, microwave, dishwasher). The bathroom is also updated with modern fixtures and finishes. Hardwood floors are present throughout the main living areas and bedrooms, appearing in excellent condition. Light fixtures are modern, and the overall aesthetic is fresh and contemporary. The updated ADU further enhances the property's value and condition. While specific details on major systems like HVAC or electrical aren't provided, the significant investment and visible quality of the renovations indicate that the property is virtually new in its critical living components and meets current quality standards.
Pros & Cons

Pros

Income-Generating ADU: The property includes an updated 1-bedroom ADU unit, providing excellent potential for rental income or flexible multi-generational living arrangements.
Extensive Modern Upgrades: The seller invested over $200,000 in renovations, featuring a modern kitchen with quartz counters, new appliances, and an updated bathroom, enhancing the home's appeal and functionality.
Vintage Charm with Modern Amenities: The home successfully blends its vintage character, highlighted by hardwood floors and a cozy fireplace, with contemporary updates for a desirable aesthetic and comfortable living.
Convenient Location: Located in the North East section of Richmond, the property offers convenient access to major freeways and local shops on San Pablo, improving commute times and daily convenience.
Hardwood Floors Throughout: Hardwood floors are present in the living room, dining room, and bedrooms, adding to the property's classic appeal, durability, and ease of maintenance.

Cons

Age of Property: Built in 1931, despite significant recent upgrades, the underlying structure and systems of an older home may require ongoing maintenance or future investments not covered by the current renovations.
Significant Price Reductions: Multiple price drops from the original $779,500 to the current $699,500 could indicate market resistance or initial overpricing, potentially impacting future appraisal or buyer perception of value.
Limited System Upgrade Details: While cosmetic and kitchen/bath upgrades are highlighted, the description lacks specific details on updates to critical systems such as plumbing, electrical, HVAC, or roofing, which are common concerns for homes of this age.

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